https://www.taxtmi.com/news?id=1172 The Code proposes an Exempt Exempt Taxation (EET) regime where specified contributions are deductible, accumulations remain exempt while invested, and withdrawals are taxed at the individual marginal rate; rollovers between permitted accounts will not be treated as withdrawals. Taxation on an EET basis is prospective with existing balances in certain provident funds preserved; however, Exempt Exempt Exempt (EEE) treatment will be retained for core provident funds, specified pension schemes, approved life insurance products and annuities, and pre existing EEE investments will continue to enjoy EEE treatment. en-us Tue, 15 Jun 2010 22:46:58 +0530 Tue, 15 Jun 2010 22:46:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1172 The Code proposes an Exempt Exempt Taxation (EET) regime where specified contributions are deductible, accumulations remain exempt while invested, and withdrawals are taxed at the individual marginal rate; rollovers between permitted accounts will not be treated as withdrawals. Taxation on an EET basis is prospective with existing balances in certain provident funds preserved; however, Exempt Exempt Exempt (EEE) treatment will be retained for core provident funds, specified pension schemes, approved life insurance products and annuities, and pre existing EEE investments will continue to enjoy EEE treatment. News - Tue, 15 Jun 2010 22:46:58 +0530 https://www.taxtmi.com/news?id=1172